Xtrackers MSCI Kokusai Equity ETF (KOKU)
- Previous Close
89.62 - Open
91.38 - Bid 90.31 x 1200
- Ask 90.67 x 1200
- Day's Range
90.50 - 90.50 - 52 Week Range
73.49 - 92.83 - Volume
6 - Avg. Volume
842 - Net Assets 573.59M
- NAV 90.40
- PE Ratio (TTM) 21.97
- Yield 1.64%
- YTD Daily Total Return 6.16%
- Beta (5Y Monthly) 1.04
- Expense Ratio (net) 0.09%
The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of issuers from developed markets (excluding Japan). The index is designed to track the performance of equity markets in developed markets (excluding Japan).
Xtrackers
Fund Family
Global Large-Stock Blend
Fund Category
573.59M
Net Assets
2020-04-07
Inception Date
Performance Overview: KOKU
Trailing returns as of 4/26/2024. Category is Global Large-Stock Blend.
People Also Watch
Holdings: KOKU
Top 10 Holdings (22.71% of Total Assets)
Sector Weightings
Related ETF News
Research Reports: KOKU
Technical Assessment: Bearish in the Intermediate-Term
The S&P 500 broke below some important intermediate-term support late last week, while some of the other indices fell off a cliff -- including the NYSE Composite, the Dow Industrials, the S&P 400, and the Russell 2000. The bullish breakouts by the NYSE and S&P 400 were destroyed, and we have a very specific feeling about false breakouts: they are not good. The majority of weakness was caused by issues in the banking industry, both here and abroad, and pushed major indices back below their 200-day averages. If market participants knew the banking news before events unfolded, most -- if not all -- would have predicted a trip back to the October lows, or worse.
Technical Assessment: Bullish in the Intermediate-Term
Tuesday was an ugly start to the week, as the major indices all fell 2%-3%. In the short term, it has been a perfect storm in the equity markets. Yields across the curve have popped, the U.S. Dollar Index has bounced, "some" economic reports continue to come in hotter than expected, and the federal funds terminal rate keeps climbing.
Analyst Report: Federated Hermes, Inc.
Federated provides asset management services for institutional and individual investors. The company had $624.4 billion in managed assets at the end of September 2022, composed of equity (12%), multi-asset (1%), fixed-income (14%), alternative (3%), and money market (70%) funds. That said, the firm's cash-management operations are expected to generate around 40% of Federated's revenue this year, compared with 36%, 15%, and 9%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (62% of AUM), institutional investors (28%), and international clients (10%).
RatingPrice TargetTechnical Assessment: Neutral in the Intermediate-Term
Based on a chart since mid-December, the S&P 500 looks like a ping-pong ball. The index has bounced between 3,764 and 3,890, a band of a little more than 3%. That could have a lot to do with the time of year, as many spend time stuck in an airport (or maybe actually with their families) and turn off the trading machines. But a tight range can also suggest there is a lot of indecision about the coming year -- and it would be hard to argue with that. The only certainty about the new year is uncertainty based on all types of stock-market analysis.